IMAX Corp. (IMAX) Said Planning IPO of China Unit
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IMAX® China And China Media Capital Establish China Film Fund
June 16, 2015 1:00 AM EDTSHANGHAI, June 16, 2015 /PRNewswire/ -- Continuing to expand its footprint in the Chinese market, IMAX Corporation (NYSE: IMAX) today announced the creation of the IMAX China Film Fund with its subsidiary IMAX China and partner China Media Capital ("CMC"), to help fund a minimum of 10 tentpole films in Mandarin. The China Film Fund, which will be capitalized at up to $50 million initially, will target productions that can leverage the IMAX® brand, relationships, technology and release windows, with the flexibility to produce IMAX and non-IMAX content, and develop original films or co-finance studio... More
